The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABERDEEN CHILE FD INC COM 00301W105 462 55,025 SH   SOLE   55,025 0 0
ABERDEEN INDONESIA FD INC COM 00305P106 3,755 484,001 SH   SOLE   484,001 0 0
ABERDEEN JAPAN EQUITY FUND COM 00306J109 8,048 924,051 SH   SOLE   924,051 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 966 35,323 SH   SOLE   35,323 0 0
ABERDEEN SINGAPORE FUND COM 003244100 3,044 261,537 SH   SOLE   261,537 0 0
ADAMS EXPRESS CO COM 006212104 45,423 2,986,369 SH   SOLE   2,986,369 0 0
ALLIANCE CALIF MUN INCOME FD COM 018546101 214 15,500 SH   SOLE   15,500 0 0
ALLIANCE NATIONAL MUNI COM 01864U106 5,058 362,339 SH   SOLE   362,339 0 0
ALLIANZGI EQUITY & CONVERTIB COM 018829101 1,828 88,296 SH   SOLE   88,296 0 0
ASIA PAC FD COM 044901106 22,599 1,628,205 SH   SOLE   1,628,205 0 0
ATLANTIC ACQ CORP COM 048206106 4,361 444,550 SH   SOLE   444,550 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 229 1,250 SH   SOLE   1,250 0 0
BISON CAPITAL ACQ CORP COM G1142P104 4,570 463,000 SH   SOLE   463,000 0 0
BLACKROCK CORE BD TR COM 09249E101 18,200 1,294,423 SH   SOLE   1,294,423 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 46,761 3,445,913 SH   SOLE   3,445,913 0 0
BLACKROCK ENH CAP & INC FD INC COM 09256A109 14,646 938,870 SH   SOLE   938,870 0 0
BLACKROCK INCOME TR COM 09247F100 59,427 9,462,828 SH   SOLE   9,462,828 0 0
BLACKROCK INTL GRWTH & INC TR COM 092524107 6,972 1,062,880 SH   SOLE   1,062,880 0 0
BLACKROCK MUNI INTERM DURATI COM 09253X102 6,175 435,810 SH   SOLE   435,810 0 0
BLACKROCK MUNI NY INT DUR FD COM 09255F109 707 50,567 SH   SOLE   50,567 0 0
BLACKROCK MUNIYLD MICH QLTY FD COM 09254V105 5,778 413,879 SH   SOLE   413,879 0 0
BLACKROCK NEW YORK MUNI BOND COM 09249P106 204 13,708 SH   SOLE   13,708 0 0
BLACKROCK NY INS MUN COM 09249U105 2,174 162,262 SH   SOLE   162,262 0 0
BLACKROCK SCIENCE & TECHNOLOGY TRUST COM 09258G104 6,919 283,222 SH   SOLE   283,222 0 0
CHINA FD INC COM 169373107 5,498 270,174 SH   SOLE   270,174 0 0
CLOUGH GLBL OPPORTUNITIES FD COM 18914E106 11,035 988,758 SH   SOLE   988,758 0 0
COHEN & STEERS GLOBAL INC BLDR COM 456837103 1,775 182,839 SH   SOLE   182,839 0 0
CONSTELLATION BRANDS INC-A COM 21036P108 846 4,240 SH   SOLE   4,240 0 0
CONSTELLATION BRANDS INC-B COM 21036P207 537 2,696 SH   SOLE   2,696 0 0
DUFF & PHELPS UTILITY & CORPORATE BOND TR COM 26432K108 14,008 1,516,066 SH   SOLE   1,516,066 0 0
DWS HIGH INCOME OPPORTUNITIES COM 25158Y102 1,587 104,875 SH   SOLE   104,875 0 0
EATON VANCE CA MUNI INC TRST COM 27826F101 562 45,009 SH   SOLE   45,009 0 0
EATON VANCE MI MUNI INCOME TR COM 27826D106 1,232 93,357 SH   SOLE   93,357 0 0
EATON VANCE MUN BD FD COM 27827X101 55,238 4,356,294 SH   SOLE   4,356,294 0 0
EATON VANCE MUN BD FD II COM 27827K109 9,956 793,329 SH   SOLE   793,329 0 0
EATON VANCE NEW YORK MUN BD FD COM 27827Y109 1,189 91,942 SH   SOLE   91,942 0 0
EATON VANCE NY MUNICIPAL INC COM 27826W104 471 35,758 SH   SOLE   35,758 0 0
EATON VANCE OH MUNICIPAL COM 27826G109 595 43,818 SH   SOLE   43,818 0 0
EATON VANCE PA MUN BD FD COM 27828W102 140 10,844 SH   SOLE   10,844 0 0
EATON VANCE PA MUNI INCOME TR COM 27826T101 760 61,979 SH   SOLE   61,979 0 0
ELECTRUM SPECIAL ACQ CORP COM G3105C104 133 12,950 SH   SOLE   12,950 0 0
EUROPEAN EQUITY FUND COM 298768102 4,076 421,038 SH   SOLE   421,038 0 0
EXXON MOBIL CORP COM 30231G102 776 9,468 SH   SOLE   9,468 0 0
FEDERATED PREMIER INT MUNI COM 31423M105 8,520 625,978 SH   SOLE   625,978 0 0
FIRST TR ENHANCED EQTY INC FD COM 337318109 6,060 402,683 SH   SOLE   402,683 0 0
FIRST TRUST ABERDEEN GLOBAL COM 337319107 19,416 1,646,828 SH   SOLE   1,646,828 0 0
FORUM MERGER CORP COM 34985B103 29,062 2,992,949 SH   SOLE   2,992,949 0 0
GABELLI HLTHCARE & WELLNESS TR COM 36246K103 9,330 922,805 SH   SOLE   922,805 0 0
GENERAL AMERN INVS COM 368802104 22,162 615,262 SH   SOLE   615,262 0 0
HANCOCK JOHN INCOME SECS TR COM 410123103 3,524 237,607 SH   SOLE   237,607 0 0
HENNESSY CAPITAL III ACQ CORP COM 42588L105 25,295 2,565,430 SH   SOLE   2,565,430 0 0
INDUSTREA ACQUISITION CORP COM 45579J203 5,785 572,225 SH   SOLE   572,225 0 0
INDUSTREA ACQUISITION CORP COM 45579J104 7,868 807,780 SH   SOLE   807,780 0 0
INVESCO QUALITY MUNI INC TRST COM 46133G107 198 15,500 SH   SOLE   15,500 0 0
INVESCO VALUE MUN INCOME TR COM 46132P108 15,649 1,046,062 SH   SOLE   1,046,062 0 0
ISHARES 3-7 YR TR BD ETF COM 464288661 457 3,700 SH   SOLE   3,700 0 0
ISHARES CORE MSCI EUROPE ETF COM 46434V738 338 6,800 SH   SOLE   6,800 0 0
ISHARES MSCI ACWI EX US ETF COM 464288240 6,504 134,528 SH   SOLE   134,528 0 0
ISHARES MSCI CDA ETF COM 464286509 22,963 793,455 SH   SOLE   793,455 0 0
ISHARES MSCI EMERGING MKT INDEX ETF COM 464287234 847 18,905 SH   SOLE   18,905 0 0
ISHARES MSCI JAPAN ETF COM 46434G822 17,160 308,027 SH   SOLE   308,027 0 0
ISHARES SHORT TERM NATIONAL MUNI BOND COM 464288158 24,560 231,768 SH   SOLE   231,768 0 0
ISHARES TR EUROPE ETF COM 464287861 1,438 30,685 SH   SOLE   30,685 0 0
JAPAN SMALLER CAPTLZTN FD COM 47109U104 18,526 1,476,144 SH   SOLE   1,476,144 0 0
JENSYN ACQ CORP COM 47632B102 5,845 571,400 SH   SOLE   571,400 0 0
JOHNSON & JOHNSON COM 478160104 231 1,775 SH   SOLE   1,775 0 0
KAYNE ANDERSON ACQ CORP COM 48661U102 479 49,100 SH   SOLE   49,100 0 0
KBL MERGER CORP. IV COM 48242A104 16,732 1,721,600 SH   SOLE   1,721,600 0 0
KIMBERLY CLARK CORP COM 494368103 309 2,622 SH   SOLE   2,622 0 0
LAZARD WORLD DIVID & INCOME FD COM 521076109 18,730 1,654,583 SH   SOLE   1,654,583 0 0
LENNOX INTL INC COM 526107107 15,461 86,390 SH   SOLE   86,390 0 0
LIBERTY ALL STAR EQUITY FD COM 530158104 29,429 4,880,351 SH   SOLE   4,880,351 0 0
M I ACQ CORP COM 55304A104 3,496 346,157 SH   SOLE   346,157 0 0
M III ACQ CORP COM 55378t104 14,684 1,498,350 SH   SOLE   1,498,350 0 0
MADISON STRATEGIC SECTR PREM COM 558268108 16,762 1,395,676 SH   SOLE   1,395,676 0 0
MADISON/CLAYMORE COVERED CAL COM 557437100 16,414 2,090,972 SH   SOLE   2,090,972 0 0
MANAGED DURATION INVESTMENT GR COM 56165R103 21,211 1,538,115 SH   SOLE   1,538,115 0 0
MARLIN PARTNERS ACQ CORP COM 57682V106 5,001 515,061 SH   SOLE   515,061 0 0
MFS INTER INCOME TR COM 55273C107 16,021 3,743,130 SH   SOLE   3,743,130 0 0
MFS INVT GRADE MUN TR COM 59318B108 15,771 1,578,705 SH   SOLE   1,578,705 0 0
MODERN MEDIA ACQ CORP COM 60765P103 40,303 4,129,400 SH   SOLE   4,129,400 0 0
MORGAN STANLEY ASIA PAC FD COM 61744U106 1,767 102,475 SH   SOLE   102,475 0 0
MORGAN STANLEY EMER MKTS FD COM 61744G107 2,310 132,905 SH   SOLE   132,905 0 0
MORGAN STANLEY INDIA INVS FD COM 61745C105 1,486 43,387 SH   SOLE   43,387 0 0
MORGAN STANLEY TRUSTS INCOME SECS COM 61745P874 40,249 2,199,393 SH   SOLE   2,199,393 0 0
NATIONAL ENERGY SERVICES ACQ CORP COM G6375R107 2,719 282,600 SH   SOLE   282,600 0 0
NEUBERGER BERMAN NY INTMD MU COM 64124K102 269 21,244 SH   SOLE   21,244 0 0
NEW GERMANY FD INC COM 644465106 13,723 738,962 SH   SOLE   738,962 0 0
NOVANTA INC COM 67000B104 669 15,342 SH   SOLE   15,342 0 0
NUCOR CORP COM 670346105 234 4,168 SH   SOLE   4,168 0 0
NUVEEN AMT-FREE MUN INCOME FD COM 670657105 33,317 2,405,526 SH   SOLE   2,405,526 0 0
NUVEEN CORE EQUITY ALPHA FUND COM 67090X107 8,953 576,134 SH   SOLE   576,134 0 0
NUVEEN DIVID ADVANTAGE MUN FD COM 67066V101 11,704 824,800 SH   SOLE   824,800 0 0
NUVEEN NY AMT FREE MUN INCOME COM 670656107 23,024 1,744,273 SH   SOLE   1,744,273 0 0
NUVEEN OHIO QUALITY INCOME MUN COM 670980101 6,664 441,921 SH   SOLE   441,921 0 0
PAYCHEX INC COM 704326107 283 4,726 SH   SOLE   4,726 0 0
PENSARE ACQUISITION CORP COM 70957E105 59,377 6,140,375 SH   SOLE   6,140,375 0 0
PIONEER MUNI HI INCOME TRUST COM 723763108 550 45,753 SH   SOLE   45,753 0 0
POWERSHARES VRDO TAX-FREE WEEKLY PORTFOLIO COM 73936T433 21,259 853,140 SH   SOLE   853,140 0 0
SPDR DOUBLELINE TOTAL RETURN TACT ETF COM 78467V848 5,607 113,805 SH   SOLE   113,805 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI ETF COM 78468R739 104,287 2,145,827 SH   SOLE   2,145,827 0 0
STELLAR III ACQ CORP COM Y8172W107 8,260 813,768 SH   SOLE   813,768 0 0
SWISS HELVETIA FD INC COM 870875101 13,127 1,028,060 SH   SOLE   1,028,060 0 0
TAIWAN FD INC COM 874036106 3,222 156,564 SH   SOLE   156,564 0 0
TEKLA HEALTHCARE OPPORTUNITIES COM 879105104 6,277 338,004 SH   SOLE   338,004 0 0
TEMPLETON DRAGON FD INC COM 88018T101 655 31,496 SH   SOLE   31,496 0 0
TEMPLETON EMERGING MKTS FD COM 880191101 2,572 155,989 SH   SOLE   155,989 0 0
TRI CONTL CORP COM 895436103 1,611 63,042 SH   SOLE   63,042 0 0
TURKISH INVT FD INC COM 900145103 448 47,742 SH   SOLE   47,742 0 0
VAN KAMP PENN VAL MUNI INCOM COM 46132K109 12,217 992,430 SH   SOLE   992,430 0 0
VANECK VECTORS ETF TR AMT FREE SHORT COM 92189F528 3,628 206,943 SH   SOLE   206,943 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND COM 921937827 18,826 235,850 SH   SOLE   235,850 0 0
VANGUARD FTSE ALL-WORLD EX-US ETF COM 922042775 26,897 510,290 SH   SOLE   510,290 0 0
VANGUARD INDEX FDS S&P 500 ETF COM 922908363 235,067 1,018,664 SH   SOLE   1,018,664 0 0
VANGUARD INDEX FDS SMALL CP ETF COM 922908751 72,411 512,394 SH   SOLE   512,394 0 0
VANGUARD INTERMEDIATE TERM GOVT BD ETF COM 92206C706 1,335 20,640 SH   SOLE   20,640 0 0
VANGUARD INTERM-TERM CORP BD ETF COM 92206C870 49,589 563,450 SH   SOLE   563,450 0 0
VANGUARD INTL EQUITY INDEX FD FTSE ETF COM 922042858 41,134 944,091 SH   SOLE   944,091 0 0
VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF COM 922042874 131,732 2,258,391 SH   SOLE   2,258,391 0 0
VANGUARD INTL EQUITY INDEX FD MEGA CAP GRO ETF COM 922042866 42,237 619,318 SH   SOLE   619,318 0 0
VANGUARD LONG-TERM BOND ETF COM 921937793 8,564 91,325 SH   SOLE   91,325 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF COM 921943858 1,345 30,983 SH   SOLE   30,983 0 0
VANGUARD TOTAL BOND ETF COM 921937835 28,766 350,970 SH   SOLE   350,970 0 0
VANGUARD US TOTAL STOCK MKT ETF COM 922908769 42,926 331,424 SH   SOLE   331,424 0 0
VOYA ASIA PACIFIC HIGH DIVIDEND COM 92912J102 1,180 110,174 SH   SOLE   110,174 0 0
VOYA GLOBAL ADVANTAGE AND PREMIUM OPP COM 92912R104 925 80,359 SH   SOLE   80,359 0 0
W P CAREY INC COM 92936U109 262 3,889 SH   SOLE   3,889 0 0
WESTERN ASSET CLYM INFL OPP IN COM 95766R104 14,005 1,241,563 SH   SOLE   1,241,563 0 0
WESTERN ASSET CLYM INFL SEC COM 95766Q106 1,155 100,000 SH   SOLE   100,000 0 0
WESTERN ASSET HIGH YIELD DEFINE COM 95768B107 241 15,500 SH   SOLE   15,500 0 0